Glenmede Trust Co. NA Has $37.48 Million Stock Position in iShares MSCI USA Min Vol Factor ETF $USMV

Glenmede Trust Co. NA lowered its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 5.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 404,160 shares of the company’s stock after selling 21,269 shares during the quarter. Glenmede Trust Co. NA owned approximately 0.16% of iShares MSCI USA Min Vol Factor ETF worth $37,482,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of USMV. Frankly Finances LLC acquired a new stake in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at about $25,000. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at approximately $29,000. Chapman Financial Group LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the second quarter worth approximately $29,000. Ankerstar Wealth LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $31,000. Finally, Eagle Bay Advisors LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter worth approximately $33,000.

iShares MSCI USA Min Vol Factor ETF Stock Performance

Shares of USMV opened at $97.93 on Friday. The firm has a market cap of $24.99 billion, a PE ratio of 22.90 and a beta of 0.72. The firm’s 50 day moving average price is $96.48 and its 200 day moving average price is $95.36. iShares MSCI USA Min Vol Factor ETF has a twelve month low of $91.02 and a twelve month high of $99.34.

iShares MSCI USA Min Vol Factor ETF Company Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.